What are the requirements for opening a bank account?

Asked 6 months ago
To open a bank account with BMO, there are a few requirements. First, you need to be at least 18 years old and possess valid identification documents, such as a passport or driver's license. Next, you should have proof of address, like a utility bill or a rental agreement. In addition, you will need to provide your Social Insurance Number (SIN) or Individual Taxpayer Identification Number (ITIN). Lastly, you should also have initial funds to deposit into the account, which can vary depending on the type of account you choose. These requirements ensure that you meet the necessary identification and verification standards to open a bank account and start enjoying the benefits offered by BMO.
Christian Allen is the editor / author responsible for this content.
Answered Nov 2, 2023

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